Cinema Point of Sale Solutions Market is Anticipated to Increase to US$ 3600 Mn in 2025

Cinema Point of Sale Solutions Market is Projected to Grow US$ 3600 Mn in 2025
Persistence Market Research (PMR) has published a new report titled “Cinema Point of Sale (POS)
Solutions Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025).” The global
market for cinema point of sale (POS) solutions is witnessing strong growth owing to the increasing
adoption of advanced technologies for enhancing the cinema ticketing experience and further
increasing the sale of other entities such as food service retail, season concert passes, and other.
Revenue from the global cinema point of sale (POS) solutions market is expected to reach a value
over US$ 3600 Mn in 2025, thus, exhibiting a value CAGR of 13.7% between 2017 and 2025. This
revenue growth can be attributed to the innovations of novel aspects and advanced technology
integration in cinema point of sale (POS) solutions.
Read Report Overview @ https://www.persistencemarketresearch.com/market-research/cinemapoint-of-sale-solutions-market.asp
Mobile point of sale or mPOS refers to a device that can be connected to a tablet or a smartphone in
order to enable the user to accept a mobile contactless or card payment. The factors driving the
mPOS industry are evolution in the field of digital payment systems and versatility of mPOS
applications owing to the flexibility offered by mPOS, which allows it to be utilized at any point of
time. With EMV migration and the increase in contactless payments, mPOS is seen as an affordable
way for companies to adopt a contactless POS infrastructure. This further creates substantial
opportunities for POS solution providers to focus more on mPOS solutions. The flourishing Internet
of Things is a lucrative opportunity for the market players to capitalize on and also develop
innovative offerings which integrate with advanced and modern cinema point of sale solutions
using IoT. The market is also expected to acquire opportunities from the gaining focus of users on
cloud-based POS solutions owing to their real-time analysis. The deployment of motion sensing
digital signage is also anticipated to bode well for the market in the coming years.
Though the global cinema point of sales solution market is led by POS software solution on the
basis of solution/services, professional services is expected to give a tough competition in terms of
revenue generation. In 2017, POS software solution accounted for a share of 45.0% in the global
cinema point of sales solution market and is expected to rise at a substantial rate in the course of the
forecast period. The growing demand for POS software solution can be attributed to the rising
number for cinema halls and multiplex chains. This has further led to the rising need for centralized
database, thus boosting the deployment of POS software solutions. Other services in this area
include support services. On the basis of deployment, the global cinema of sales solutions market
has been bifurcated into cloud based and on-premise. Region-wise, the global market for cinema
point of sales solutions has been segmented into North America, Europe, Latin America, the Middle
East and Africa, and Asia Pacific.
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Point of sale solution vendors are now focusing on expanding their businesses across countries in
Europe and Asia Pacific where growth of modern retail and rapid urbanization are offering
investment opportunities for point of sale solutions vendors. The companies operating in the market
are NCR, Vista, CenterEdge Software, Allure - A Christie Company, TicketNew Box Office, and
OMNITERM, among many others.
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